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IME Weekly Report

Volume of Trades Up by 5.3%

Within the week ending on July 28, 2023, the IME witnessed trade of 3,324,164 tonnes of commodities with a total trading value of more than 712 million USD on its physical market.
Volume of Trades Up by 5.3%

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 2,832,907 tonnes of commodities valued at nearly 496 million USD.

On this floor the IME sold 1,116,745 tonnes of cement, 1,050,000 tonnes of iron ore, 364,242 tonnes of steel, 288,000 tonnes of sponge iron, 11,120 tonnes of copper, 5,660 tonnes of aluminum, 1,295 tonnes of zinc and 250 tonnes of molybdenum concentrate.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 442,679 tonnes of commodities worth more than 207 million USD.

Commodities traded on this floor included 148,000 tonnes of vacuum bottom, 104,508 tonnes of polymeric products, 88,689 tonnes of bitumen, 50,000 tonnes of lube cut, 40,740 tonnes of chemicals, 5,222 tonnes of oil, 3,675 tonnes of sulfur, 2,668 tonnes of petroleum products, 470 tonnes of feedstocks and 200 tonnes of insulation.

The IME also traded within the same week 48,578 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50090310

Published on: Saturday, July 29, 2023 13:00

Source: IME PR

View count: 55

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